The purpose of the paper is to outline the global financial and economic crisis that began in 2007, together with the macroeconomic policy changes that were put in place as a result. Design : The content is partly descriptive ...

We adapt the standard random utility model to take account of the heterogeneity of
recreational preferences by using what we call a 'clustered conditional logit
framework'. By separating out our sample of whitewater ...

A computable economist's view of the world of computational complexity theory is described. This means the model of computation underpinning theories of computational complexity plays a central role. The emergence of ...

Consider the following social choice problem. A group of individuals seek to partition a finite set X into two subsets. The individuals may disagree over the partition and an aggregation rule is applied to determine a ...

This paper presents an empirical analysis of the role of land fragmentation, crop biodiversity and their interplay with farm profitability. Original primary date are drawn from a survey conducted in Bulgaria. We present ...

An organizational economic analysis of the agricultural enterprise illustrates that agricultural entrepreneurs are not the independent capitalist entrepreneurs they are often assumed to be. This paper offers an alternative ...

Multi-attribute revealed preference data is used to investigate the heterogeneity of
tastes in a sample of kayakers, in relation to eleven whitewater sites in Ireland. The
paper focuses on a comparison of the analysis ...

The Rural Environment Protection Scheme (REPS) was introduced under Council Regulation 2078/92 in order to encourage farmers to carry out their activities in a more extensive and environmentally friendly manner. This paper ...

This paper develops and uses the Model of Emerging and Constructed Opportunities
(MECO) to analyze the emergence of systematic institutional
and gender-based differential advantage. Using an evolutionary process ...

We use a long series of annual data that span over 100 years to examine the relationship between output growth and output growth uncertainty in five European countries. Using the GARCH methodology to proxy output growth ...

We use a residual-based cointegration test suggested by Gregory and Hansen
(1992) that allows for the determination of a structural break in the cointegrating
vector to test for the sustainability of Greek fiscal deficits ...

We have tested for a long-run relationship between four US export measures
and analogous import measures (measured in nominal and real terms, levels
and deflated by GNP) in the 1967-1994 period using quarterly data. ...

In the literature on social choice and fuzzy preferences, a central question is how to represent the transitivity of a fuzzy binary relation. Arguably the most general way of doing this is to assume a form of transitivity ...

The global financial crisis has sparked renewed debate over the state of macroeconomic modeling,
particularly in the lead up to the 2008/2009 Great Recession. The standard workhorse of
macroeconomic modeling, the Dynamic ...

Although demographic ageing will affect Ireland later than many EU countries, by 2050 it will result in significant pressures on the public pension system. Recent reform in Ireland has attempted to address these pressures ...

In this paper, we compare many of the widely available estimated global benefits of
abatement with the costs to Irish agriculture, as estimated by the CAPRI model. We apply
the model to Ireland only, in a simple comparative ...

This study examines how Canadian exports to a specific trading partner are influenced by outward and inward direct investment flows to/from that country. A gravity-type empirical model guides a dynamic panel analysis which ...

The paper outlines a two-country Cambridge model of growth and distribution. The condition for the Cambridge equation to apply to the world economy is outlined. When this is satisfied, a dual theorem holds in one of the ...

The pervasive and complex nature of "international outsourcing" has hampered efforts to quantify the importance of this phenomenon for national economies. Indeed, available evidence on the extent of "offshoring" associated ...